George Fotion's Market Report

Rancho Palos Verdes, CA 90275

Single-Family Homes

Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467



Rancho Palos Verdes, CA 90275

Fri Dec 06 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,795,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 90. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Rancho Palos Verdes, CA 90275

Fri Dec 06 2019
This week the median list price for Rancho Palos Verdes, CA 90275 is $1,795,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 90. Click here to stay informed with the Rancho Palos Verdes market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rancho Palos Verdes market.
Median List Price $1,795,000
Per Square Foot $618
Days on Market 114
Price Decreased 49%
Price Increased 1%
Relisted 16%
Inventory 90
Median Rent $4,900
Most Expensive $9,699,000
Least Expensive $755,000
Market Action 38
Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,265,000 5,625 0.5 - 1 acre 5 4 22 0 0 212
$2,077,499 3,684 0.25 - 0.5 acre 4 3 48 3 2 77
$1,550,000 2,844 0.25 - 0.5 acre 4 2 53 1 5 98
$1,250,000 1,840 8,000 - 10,000 sqft 4 1 59 6 6 70